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Santander improves its business offering

Santander improves its business offering

Category: Business

Updated: 17/11/2011
First Published: 17/11/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.
Santander has lit up the business market by improving its one year bond and launching a loyalty bond with a stand-out rate.

The Business Bond now offers 3.00% (+0.25%) and the minimum investment has been reduced to £25K.

In addition, Santander has launched the Loyalty Business Bond, which is operated by post and telephone and offers 3.25% until 1 January 2013.

No earlier access or additions are permitted and funds must be new to the bank.

The product is available to businesses with turnover of under £250K per annum who are existing Santander business customers or who switch their main business account (minimum monthly credit of £1K).

The account has a minimum investment of £25K.

The review by Santander has positioned its one year business bond just below the market leader in its field.

Both accounts have been awarded four out of five Moneyfacts stars.

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Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.